August 26th, 2008 by Questions
if i were to file for bankruptcy; would my common law husband (who is a sole propietor of a small business) have to file also? Are we 2 seperate entities?
Posted from: Ontario
August 27, 2008 at 9:18 am, Barton Goth - Goth & Company Inc. - Bankruptcy Trustees said:
If you decide to file a bankruptcy there is nothing that forces your common law husband to file. However, in some instances where there is a great deal of joint debt it is more cost effective for two people to file together (although it is not necessary). Best thing to do is to simply contact a local trustee and they will be able to determine if that would be wise or not.
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